Market Cap
$0
Fully Diluted Valuation
$344,793.7
24 Hour Trading Vol
$0
Circulating Supply
0
Total Supply
1,000,000.0
Max Supply
1,000,000.0
Ethane Price
$0.345
24h Range
$0.341 - $0.345
Percent Change 1h
0%
Percent Change 24h
1.11%
Percent Change 7d
-9.67%
All-time high
$0
All-time low
$0
1D
7D
1M
1Y
All
Ethane (C2H6) is a colorless, odorless gas at room temperature and is part of the alkane family of hydrocarbons. It consists of two carbon atoms and six hydrogen atoms, making it the second simplest alkane after methane (CH4). Ethane is primarily found in natural gas and is often associated with the extraction of petroleum. It serves as a fundamental building block in the production of various chemicals and materials in the petrochemical industry. In 2024, the global ethane market is projected to reach approximately $50 billion, driven by its applications in producing ethylene, a key precursor for plastics and other chemical products.
Ethane as a chemical compound does not have "founders" in the traditional sense, as it is a naturally occurring substance. However, the understanding and isolation of ethane can be attributed to early chemists in the 19th century. Notably, the compound was first identified by the chemist Michael Faraday in 1845 through the liquefaction of natural gas. Since then, numerous scientists have contributed to the study and application of ethane within the chemical industry.
Ethane works primarily as a feedstock in the petrochemical industry. Its simplest structure allows it to undergo processes such as steam cracking, where it is heated in the presence of steam to produce ethylene. This ethylene is then used to create various polymers, including polyethylene, which is one of the most widely used plastics globally. In addition, ethane can be converted into other valuable chemicals, such as ethanol and acetaldehyde, through various chemical reactions. In 2024, the demand for ethylene, derived from ethane, is expected to increase significantly, reflecting the compound's crucial role in modern manufacturing.
Ensuring the safety of ethane involves several critical practices:
Investing in Ethane (C2H6) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Ethane: Once your account is funded, you can purchase Ethane directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Ethane using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Ethane (C2H6) is currently trading at $0.345 and exhibits good potential for future growth. Check the latest Ethane (C2H6) price prediction.
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